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These accounts offer a great way to earn interest on funds not being used in day-to-day business, while maintaining the flexibility of cash. Open a Savings account today, and let your money start working for you!
Money Market Account (MMDA)
- $2,500 deposit to open account.
- $10.00 monthly service charge- can be avoided by maintaining a minimum balance of $2,500.
- FREE Internet and Mobile Banking!
- FREE FirstLine access (Bank by Phone)!
- Check writing ability on account – up to six (6) debits per month FREE.
- After six (6) FREE debit transactions per month, a $10.00 charge will be assessed for each additional item. These additional charges may reduce the earnings on this account.
- To maintain the current interest rate, your balance must not fall below $2,500 at any time during the statement cycle.
- Contact Us for information on tiered interest rates.
Commercial Savings
- $250 deposit to open account.
- $5.00 service charge assessed monthly with quarterly statements- monthly service charge can be avoided by maintaining a minimum balance of $250.
- FREE Internet and Mobile Banking!
- FREE FirstLine access (Bank by Phone)!
- Up to three (3) debits per month FREE.
- After three (3) FREE debit transactions per month, a $2.00 charge will be assessed for each additional item. These additional charges may reduce the earnings on this account.
- Interest is compounded and paid monthly. Interest rate may change at any time at the Bank’s discretion.
- Contact Us for information on interest rates.
Note on interest-bearing accounts: Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest rates my change any time at the Bank’s discretion. For current interest rate information, contact First Bank & Trust Co.